What if CareShield Life premiums result in me not meeting the Basic Healthcare Sum (BHS)?
The Basic Healthcare Sum (BHS) is an estimate of what you need for your basic subsidised healthcare expenses in old age. As CareShield Life premium payments will stop at the re-employment age of 67 for most Singaporeans, the Government does not expect premiums to have a significant impact on the BHS.
While you are not required to top up your MediSave if you do not meet the BHS, you and your family members are strongly encouraged to consider doing so.
This information is sourced from MOH
Related questions
Does the Basic Healthcare Sum need to be increased because of the higher CareShield Life premiums?
Why are CareShield Life premiums for older cohorts higher than younger cohorts?
What if CareShield Life premiums result in me not meeting the Basic Healthcare Sum (BHS)?
Does the Basic Healthcare Sum need to be increased because of the higher premiums?
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